Financial Services — DU B. Voc – Banking Operations Previous Year Question Papers

6. DETAILED SYLLABUS DISCIPLINE SPECIFIC CORE COURSE – 7 FINANCIAL SERVICES CREDIT DISTRIBUTION, ELIGIBILITY AND PRE-REQUISITES OF THE COURSE Course title & Code Credits Credit distribution of the Pre-course criteria requisite of Lecture Tutorial Practical/ the course 4 3 1 0 Class XII Nil Learning Objective: This paper equips students with the basic structure of the Financial Services Sector and enables them to make a career in the financial services sector. Learning Outcomes: After completion of the course, learners will be able to: 1. 2. 3. 4. 5. Analyse the development in housing finance Understand the regulatory framework in financial services. Understand the concepts of Leasing and Hire Purchase system. Develop understanding of Venture Capital, Insurance and Credit Ratings. Learn about the recent developments in Retail Financing. UNIT—I: Introduction to Housing finance (12 hours) HFCs. Significance of housing finance in economic development, NHB- as a regulator and refinancer, modus operandi of HFCs; Securitization - concept, types, process of securitization, securitization in India. Unit—II: Leasing and Hire Purchase (12 Hours) Concepts of leasing, types of leasing - financial & operating lease, direct lease and sales & lease back, single investor lease and leveraged lease, Domestic lease and International lease, advantages and limitations of leasing, legal aspects of leasing, determination of lease rental; lease evaluation- the lessee's angle, determination of breakeven lease rental. Hire-Purchase: concept, mathematics of HP, legal aspects of HP, financial evaluation the hirer's view. Unit—III: Venture Capital, Insurance and Credit Ratings (12 Hours) Concept, history and evolution of VC, the venture investment process, various steps in venture financing, incubation financing. Concept, classification, principles of insurance, IRDA and different regulatory norms, operation of General Insurance. Health Insurance, Life Insurance. Introduction, types of credit rating, advantages and disadvantages of credit ratings, Credit rating agencies and their methodology, International credit rating practices. Unit—IV: Retail Finance (9 Hours) Introduction to retail finance, benefits and objective, different models/channels of retail finance, methods of determining profit for retail financer, opportunities and challenges of retail finance, Global retail finance scenario, overview of retail finance in India, customer perception and expectation about retail finance. Essential/recommended readings 1. Khan, M. Y. (2015). Financial Services (8th ed.). Tata Mc Graw Hill Education Private 2. 3. Pond, K. (2017). Retail banking. Global Professional Publishing Ltd. 4. Sriram, K. (1992). Hand Book of Leasing, Hire Purchase & Factoring, ICFAI, Suggestive readings 1. Kataria, K., & Rajni. (2017). Financial Markets, Institutions and Financial Services. Galgotia Publishing Company. 2. 3. Irani, F. (1994). Inside Leasing. Tata McGraw Hill